Ralph Lauren Corporation (NYSE:RL), a global leader in the design, marketing, and distribution of luxury lifestyle products, today reported earnings per diluted share of $4.87, up 47% to prior year on a reported basis and $4.64, up 22% on an adjusted basis, excluding restructuring-related and other net benefits, for the second quarter of Fiscal 2027.
This compared to earnings per diluted share of $3.32 on a reported basis and $3.79 on an adjusted basis, excluding restructuring-related and other net charges, for the second quarter of Fiscal 2026.
"As we enter the Holiday season, I'm reminded of what has always inspired me — the beauty of the world around us, the warmth of family and the optimism and sense of possibility that have guided us for nearly 60 years," said Chief Creative Officer Ralph Lauren. "These values are deeply personal to me and remain at the heart of our Company and everything we create."
"We delivered strong second quarter performance, enabling us to raise our Fiscal 2027 outlook once again," said CEO Patrice Louvet.
"Through a dynamic global operating environment, we continue to invest in the strategic priorities that are bringing our Next Great Chapter: Drive plan to life — strengthening our brand desirability and delighting multi-generational customers in every geography around the world to drive sustainable long-term growth and value creation.
RL shares tumbled $10.36, or 2.5%, to $401.70.
